Thursday, December 8, 2022

Wall Street jumps at open on stimulus hopes By Reuters


© Reuters. U.S. House Speaker Pelosi walks though the U.S. Capitol in Washington

(Reuters) – Wall Street’s main indexes jumped at the open on Thursday as investors bet on more fiscal stimulus after data showed a recovery in the labor market was cooling.

The rose 158.93 points, or 0.57%, at the open to 27,940.63.

The S&P 500 opened higher by 22.87 points, or 0.68%, at 3,385.87, while the gained 124.49 points, or 1.11%, to 11,291.99 at the opening bell.

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